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What is a smart building & its benefits?

Here at Metrikus, we talk a lot about the importance of good data, the right building management system, and integrating this all within a platform to create a smart building. However, it’s pointless trying to understand the intricacies of these features if the foundations are still unclear. 

In this blog post, we’ve decided to really bring it back to basics and outline the fundamentals of a smart building, what it is, how to create one, and the potential benefits. 

Once you’ve nailed down the key features of a smart building, take a look at what makes a smart office.  

What is a smart building?

To put it simply, a smart building is any structure that uses ‘smart’ processes to automate and control systems such as heating, ventilation, lighting, and air conditioning. Using IoT sensors, a smart building system collects and manages data to improve the function of an existing building management system. This helps facility managers to track the performance of all their assets, minimize energy consumption, and optimize space usage – among other things. 

How can you make a building smart?

The first thing to remember is that any building can be smart – yes, really. No matter its age, size, or layout, smart features can be integrated within a new or existing building management system to create a smart building. 

There’s a common misconception that smart buildings have to be modern and cost the earth, when this simply isn’t the case. The key to making a building smart is identifying your priorities and ensuring you have access to good, reliable data. We recommend starting with the essentials to make sure you really get the most out of your built space. 

  • Install occupancy and capacity sensors
  • Install indoor air quality monitoring
  • Add cloud integration to your building management system
  • Start using employee apps to automate desk booking and other actions
  • Implement smart maintenance and cleaning

What are the benefits of a smart building?

Creating a smart building brings an entire host of benefits to all key stakeholders, from the building owner to the people working within it. Benefits include:

  • Reduce costs
  • Increase employee productivity
  • Minimize energy consumption
  • Improve ESG commitments 
  • Improve the health and wellbeing of tenants
  • Maximize utilization of your entire space
  • Immediately identify and fix faulty equipment
  • Enhance decision making through real-time, accurate data
  • Improve tenant satisfaction

The benefits of a smart building are abundant, however (and we’ve said it before) it’s essential to make sure you’re collecting accurate, accessible data. Using a smart building platform like Metrikus stores all your valuable data in one place, so its performance can be tracked easily. From here it’s really clear where improvements need to be made, and when targets are being hit. 

What is the return on investment?

There are huge potential returns when investing in smart building tech. The exact cost savings benefits will vary depending on a number of factors, but on average smart buildings can drive energy savings of between 15% and 25%

Want to make your building smart?

If you think it’s time to turn your building into a smart one (and we’d have to agree), get in touch with our team and we can lend a hand, or get your hands on our Smart Building Starter Kit: everything you need in one box.

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